Reported 8 months ago
Japanese trading house Mitsui & Co. Ltd has purchased a 46,500-acre shale gas asset named Tatonka in Texas from Sabana LLC and Vanna LLC. Mitsui aims to develop the asset fully after 2026. This acquisition follows Mitsui's previous investment in a South Texas shale gas asset and is part of Japanese companies' strategy to strengthen their presence in the US shale business amidst the energy transition.
Source: YAHOO